Gautam Gems (BOM:540936) Receivables Turnover : 0.68 (As of Dec. 2023)

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What is Gautam Gems Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Gautam Gems's Revenue for the three months ended in Dec. 2023 was ₹223 Mil. Gautam Gems's average Accounts Receivable for the three months ended in Dec. 2023 was ₹328 Mil. Hence, Gautam Gems's Receivables Turnover for the three months ended in Dec. 2023 was 0.68.

Gautam Gems Receivables Turnover Historical Data

The historical data trend for Gautam Gems's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Gautam Gems Receivables Turnover Chart

Gautam Gems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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6.20

74.63

15.72

8.23

3.19

Gautam Gems Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.52	0.98	1.07	0.73	0.68

Competitive Comparison of Gautam Gems's Receivables Turnover

For the Luxury Goods subindustry, Gautam Gems's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gautam Gems's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Gautam Gems's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Gautam Gems's Receivables Turnover falls into.

Gautam Gems Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Gautam Gems's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	914.875	/ (	(318.539	+	254.459)	/	2 )
=	914.875	/	286.499
=	3.19

Gautam Gems's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	223.121	/ (	(328.07	+	0)	/	1 )
=	223.121	/	328.07
=	0.68

Gautam Gems (BOM:540936) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Gautam Gems Receivables Turnover Related Terms

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Gautam Gems (BOM:540936) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Gautam Gems Ltd (BOM:540936) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Vasta Devadi Road, 3rd Floor, Office -301, Sumukh Super Compound, Surat, GJ, IND, 395004

Website

http://www.gautamgems.com

Gautam Gems Ltd is an India-based company engaged in the manufacture and trading of rough and polished diamonds. The company trades its product from jewelry manufacturers, wholesalers, retailers, jewelry traders, diamond wholesalers, and diamond retailers. It offers its product in various category, shape, cut, size, and color.

Gautam Gems (BOM:540936) Headlines

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